Federal APD is awarded and signs contract.

The signing of this contract extends Federal APD’s track record of supplying state-of-the-art parking, access and revenue control equipment to major airports across the globe. Federal APD parking solutions enhance revenue control and improve operational efficiency of Airport Parking Operations. The automated parking system at each airport will fully integrate with an E-Z Pass
interface, central control monitoring, License Plate Recognition and an interconnecting communications subsystem covering all parking lanes.

The contract with the Port Authority has a base performance period of six years and can be extended by three additional two-year periods and one 120-day period. The contract represents potential Sales exceeding $79 Million. The contract has an initial value of $46,965.905.

The Port Authority of New York and New Jersey determined final selection and award of the contract after extensive review of Federal APD’s experience, products, services, technology innovation capabilities and overall approach and planning.

Federal APD Inc. is proud to have been selected by the Port Authority of New York and New Jersey. Our commitment to innovation and service since 1953 has become the benchmark of our success.